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find MPC , multiplier , investment multiplier , equilibrium level of income from Keynesian model
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in basic Keynesian macro economic model it assurmed that Y= C+I where I=820and C=60+0.8y
Then What is the marginal propensity to consume?
what is the equilibrium level of income? what is the value of Multiplier
what increase in I is required to increases Y to 5000
Then What is the marginal propensity to consume?
what is the equilibrium level of income? what is the value of Multiplier
what increase in I is required to increases Y to 5000
find MPC , multiplier , investment multiplier , equilibrium level of income from Keynesian model
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